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sector, the government has an important role to play in creating a massive jobs program that will generate the kind of consumer demand that will then cause the private sector to really start staffing up in a way that we need them to staff up to have full employment. but that should be the goal. full employment. >> terry, going back to the fiscal slope negotiations, there's basically no women really involved in the high level negotiations. nancy pelosi is sort of a side player as she was in the debt ceiling negotiations. research has shown that female legislators attract more co-sponsors for their bills, indicating they're better at consensus building. other research also shows in business and in the world women are -- tend to be better consensus builders. would we be better served to have a few women at the table there? >> oh, absolutely. you know, we are still well under 20% of the united states congress. and that shows in the kind of fiscal debate that we're having right now. if you had 50% of the congress were women, i think you'd have a lot more talk about the need f
but it gets back to the issue of where are the power levers and the forcing mechanisms to make the government deal with the deficit? that's not coming from the markets. the bond market is saying here's the money you want and we're kind of creating these things out of nowhere to force us to deal with the long-term deficit problem but the short term markets aren't doing it. >> neil, talk about these markets you speak of. i want to play a clip of maria the other day. >> the markets right now are expecting a deal. the markets have been trading fine. if we don't gate deal, we are going to see a sizable decline in stocks. we are going to get a big disappointment. >> markets will be disappointed. the markets have expectations. who is this mr. markets that is endowed with the personality anç expectations and is this monolithic creature that will respond to, you know, what's going on in washington? are we giving the markets a little bit too much personality here? >> well, yeah. i mean, obviously the market is millions of people and institutions all over the world deciding whether to buy stocks or bon
members of the house but people who are anti-politics in a certain kind of way from the tea party, anti-government, anti-compromise, when they come in to your group, it is impossible to lead. by the way, imt not someone who at any point criticized john boehner's leadership skills. i believe all those criticisms were misplaced. he had a problem with who got elected under his party banner. it's not that previous speakers were better leaders than he was. previous speakers didn't have as many crazy people in the room with him. >> that's a good point. >> let's see how much the republicans appreciate his sage counsel if he says guys, we have to hike rates. i'm waiting for that. speaking of that, lawrence, i know you were there in washington when the clinton rates that we're all talking about now went into effect back in 1993. you probably remember the republicans saying there would be a second recession and millions of jobs lost and none of of that happened in the 1990s. now we're back at the point where democrats for a decade have fought the lower rates and saying we need clinton rates. if it's going t
. if the economy tanks because we have a dysfunctional government that can't accomplish what is a simple deal here, everybody is going to suffer. so both sides want a deal. they've staked out positions that really aren't that far apart. obama will concede on something public at some point, and i think you see some concessions from republicans and we'll see when that happens. maybe it will happen. the idea we're at a fiscal cliff where the economy stops on january 1st is completely misleading. it's a squeeze. everyone will feel it, but then you're in a position where everyone can vote to cut taxes. that might be more politically feasible. >> i like that perspective. you help us take out some of the fear mongering we see, a lot of the media is perpetuating. that's why we're doing the fiscal follies and the wheel of fortune. fiscal fiesta. the media is doing all this fear mongering and you get a lot out of washington. this is a self-created drama, of course. these cliff negotiations. but the markets are remaining relatively calm and steady. why are investors being so cool and above the fray when ever
perspective and, two, is this idea basically doa in. >> as a former executive in government, i think it's a great idea. but i would say that this will pass the congress about the the time that pigs fly. >> just do away with the debt ceiling all together. it doesn't make any sense to start with. >> that happens to be a great idea. that's a great idea. and that's something maybe reasonable people could agree on. >> crystal for congress. >> we had a fascinating discussion before the show and you were saying it's entirely ridiculous silly thing and just -- >> if congress is going to spend the money, if they want on spend less, then pass less spending through the house. totally arbitrary and stupid. >> when pigs fly as the governor said. thank you, governor, for everything. >> and i will 00 be search the to see some pigs. >>> it's high time. the high court took up gay marriage. but will they? likely to find out this afternoon. pete williams is standing by inside the supreme court. we'll talk to him straight ahead. music is a universal language. but when i was in an accident... i was worried
Search Results 0 to 5 of about 6 (some duplicates have been removed)